Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
OMX Iceland Energy PI (NASDAQ:IX60PI)
Weak Uptrend (+65) - IX60PI is showing signs of weakening momentum to the upside. Monitor IX60PI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IX60PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for IX60PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IX60PI
The long-term trend has been UP since Nov 10th, 2020 at 976.63
The intermediate-term trend has been UP since Dec 1st, 2021 at 1793.14
The short-term trend has been DOWN since Jan 24th, 2022 at 2067.02
Smart Scan Analysis for IX60PI
Based on our trend formula, IX60PI is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).